248 North Road
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 6, 2025 | In contract | - | |
| In contract | |||
| Mar 27, 2025 | Listed | $399,900 | |
| Listed | |||
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Rural living in this spacious 3 bedroom, 2 bath manufactured home on its own land! Open concept kitchen/dining/living with slider to back deck. Kitchen features center island, SS appliances, 5 burner gas range, dishwasher, and Frigidaire refrigerator. Great open space with over 2128 square feet of living space. Formal living room with wood fireplace, den, laundry/utility room with newer Maytag washing machine, dryer, and pantry closet. 3 good size bedrooms, full bath, and primary master showcasing two walk-in closets and private full bath with shower, jetted tub, double vanity, and make-up counter. New deck off the back, 10,000 KW Stand-by generator. New metal roof in 2020. Leach field was replaced in 2014. Nice country setting on 2.93 acre lot.
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| Nov 28, 2022 | Sold | ||
| Sold | |||
| Oct 28, 2022 | Listed by Walton Realty, LLC | $279,000 | |
| Listed by Walton Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017